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China Scours the World for Wheat After Heavy Rains Damage Its Harvest

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China is scouring the globe for wheat, with annual imports on track to hit record levels, as buyers scoop up cheap supplies after heavy rains damaged the domestic crop.

Following a splurge on Australian wheat earlier in the year, large quantities have been booked this month from some of the other main exporters, including the US, Canada and France, according to traders, who declined to be identified discussing private..

For More Details Visit: https://www.bloomberg.com/news/articles/2023-10-12/china-scours-the-world-for-wheat-after-heavy-rains-damage-its-harvest

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